Speaker Ryan: Trump’s stopping Obamacare subsidies ‘monumental’

Speaker Paul D. Ryan Jr. (R.-Wis.) voiced his support late Thursday of President Donald J. Trump’s decision same day to suspend direct payments to private insurance companies begun under the previous administration to buttress their participation the federalized health care system.

“Today’s decision by the Trump administration to end the appeal of that ruling preserves a monumental affirmation of Congress’s authority and the separation of powers,” the speaker said.

The Democrats ObamaCare is imploding. Massive subsidy payments to their pet insurance companies has stopped. Dems should call me to fix!

Ryan has long criticized the payments that were never appropriated by Congress.

“Under our Constitution, the power of the purse belongs to Congress, not the executive branch,” the speaker said.

“It was in defense of this foundational principle that the House, under the leadership of former speaker John Boehner, voted in 2014 to challenge the constitutionality of spending by the Obama administration that was never approved by Congress,” he said. “The House was validated last year when a federal court ruled that the Obama administration had indeed been making unauthorized and therefore illegal payments through Obamacare.

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